PUBLISHER: The Business Research Company | PRODUCT CODE: 1769580
PUBLISHER: The Business Research Company | PRODUCT CODE: 1769580
Chemotherapy induced peripheral neuropathy (CIPN) treatment encompasses a range of therapeutic interventions aimed at alleviating the nerve damage caused by certain chemotherapeutic agents. CIPN manifests as a dose-limiting side effect in approximately 30-40% of patients undergoing chemotherapy, leading to symptoms such as pain, tingling and numbness, primarily in the hands and feet. The treatments are utilized by oncologists, neurologists, pain specialists and primary care physicians to manage these symptoms and improve patient quality of life during and after cancer therapy.
The global chemotherapy induced peripheral neuropathy treatment market was valued at $1,278.08 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 5.00%.
Rising Adoption Of Pain Management Therapies
During the historic period, the rising adoption of pain management therapies supported the growth of the CIPN treatment market. Chemotherapy-Induced Peripheral Neuropathy (CIPN) presents substantial pain and discomfort, prompting increasing interest from both patients and healthcare providers in specialized pain management solutions. The adoption of multimodal treatment strategies-combining pharmacological options such as anticonvulsants and antidepressants with physical therapy and complementary interventions-enhances patient outcomes and supports wider utilization of CIPN-specific therapies. Moreover, successful pain control enables patients to maintain chemotherapy regimens with fewer dose modifications or interruptions, underscoring the critical role of CIPN treatments within comprehensive pain management. For instance, in September 2024, a report by the Health and Global Policy Institute, a Japan-based independent, non-profit health policy think tank, highlighted that the adoption of pain management therapies in Japan is rapidly rising. This trend is primarily driven by the country's aging population and the high prevalence of chronic pain, which affected approximately 22.5% of adults, or around 23.15 million people, in 2023. Therefore, the rising adoption of pain management therapies supported the growth of the CIPN treatment market
Collaborative Research Enhances Understanding Of Chemotherapy-Induced Peripheral Neuropathy
Major companies operating in the CIPN treatment market are adopting collaborative research initiative approach to develop advanced solutions. Strategic partnerships help CIPN treatment companies by combining resources and expertise, enhancing research and development capabilities, expanding market reach and accelerating commercialization, ultimately driving innovation and growth in the CIPN treatment industry. For instance, in July 2025, University of Dundee, a UK-based research university partnered with Eli Lilly and Company, a US-based pharmaceutical company and Versus Arthritis, a UK-based charity focused on supporting individuals with arthritis and musculoskeletal conditions to successfully complete the research phase of the PAINSTORM Dundee Chemotherapy-Induced Peripheral Neuropathy (CIPN) Study. This collaborative effort focused on understanding the causes and progression of CIPN in cancer patients undergoing neurotoxic chemotherapy. The study involved around 200 participants, employing a multifaceted approach that includes quantitative sensory testing, blood biomarker analysis and optional magnetic resonance imaging (MRI) scans. The research aims to identify genetic, clinical and psychosocial risk factors contributing to CIPN, with the ultimate goal of informing personalized prevention and treatment strategies.
The global chemotherapy induced peripheral neuropathy treatment market is fairly concentrated, with large players operating in the market. The top 10 competitors in the market made up 33.13% of the total market in 2023.
Chemotherapy Induced Peripheral Neuropathy Treatment Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global chemotherapy induced peripheral neuropathy treatment market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for chemotherapy induced peripheral neuropathy treatment? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The chemotherapy induced peripheral neuropathy treatment market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider chemotherapy induced peripheral neuropathy treatment market; and compares it with other markets.